Vladimir Putin declares the coin war, that's what he says.

Russian President Vladimir Putin has called for overhauling digital currency, such as Bitcoin, saying these coins constitute a serious “”.

“Digital coins are issued by an endless number of unknown entity”, Putin said, adding that “buyers of these coins can be involved in illegal activities”.

He further said digital currencies could be used for money laundering, tax evasion and for financing terrorism.

Vladimir Putin called for <x0 environment disorder” based on international experiences that protect business interests.